NAB launches new Qantas Signature card, now offering up to 75,000 Qantas Points across the NAB Qantas card range

NAB are offering 75,000 bonus Qantas Points with the NAB Qantas Rewards Signature Visa, earning 1 Qantas Point per $ spent up to $5,000 per statement period, and 0.5 Qantas Points per $ thereafter, up to $20,000.

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NAB are now offering a trio of Qantas Frequent Flyer linked credit cards, with a new NAB Qantas Rewards Signature Visa added to their line-up.

The new Qantas Rewards Signature Visa is offering 75,000 bonus Qantas Points for new applicants and comes with a $395 annual fee. The existing NAB Qantas Rewards Premium card has 50,000 bonus Qantas Points. Both offers come with minimum spend requirements to trigger the bonus, with Signature at $4,000 and Premium at $2,500, both within 60 days of opening the account.

NAB have launched the Qantas Rewards Signature as a Visa-only option (unlike the rest of their Qantas card range which include a companion American Express). It earns 1 Qantas Point per $ up to $5,000 spent per statement period, and 0.5 Qantas Points per $ from $5,001 to $20,000, positioning it above the existing NAB Qantas Premium card which has a $5,000 per statement period points cap.

The NAB Qantas Rewards Premium joint American Express and Visa account has a $250 annual fee and offers 1 Qantas Point per $ earn rate on the American Express, and 0.5 Qantas Points per $ on the Visa.

NAB made some changes to the NAB Qantas Premium and Classic accounts effective from July 1st, which we outlined in more detail here, with lowered earn points earn rates and points caps. These changes have been factored into this guide.

Digging into the details of NAB’s Qantas Frequent Flyer Credit Cards

The NAB Qantas card range has the Signature, Premium and a standard Classic account, with the Signature Visa at $395 annual fee, Premium with an annual fee of $250, and Classic at $95.

The key differences between Signature and Premium are fairly straightforward – the Premium card is handy for a decent 1 Qantas Point per dollar earn rate on the American Express with a lower annual fee, but has a points cap of $5,000 per statement period, whereas the Signature Visa offers a 1 Qantas Point per $ earn rate across all spend, reducing to 0.5 Qantas Points per $ over $5,001 per statement period (up to $20,000).

You’ll get access to a range of insurances with both the Signature and Premium cards, which may or may not be of use – one to look into with your own specific circumstances in mind. The insurances included are below, with the full PDS for them here.

Overseas Travel Insurance

Price Protection Insurance

Interstate Flight Insurance

Transport Accident Insurance

Domestic Hotel Burglary Insurance

This guide references some of the benefits of insurance policies provided with this credit card.

You should read the PDS and obtain independent professional advice before obtaining this product.

NAB are offering 75,000 bonus Qantas Points with the NAB Qantas Rewards Signature Visa, earning 1 Qantas Point per $ spent up to $5,000 per statement period, and 0.5 Qantas Points per $ thereafter, up to $20,000.

The NAB Qantas Signature Visa card is focused on maximising your points earn from Visa spend – up to $5,000 per statement period, at least. There’s also an additional bonus Qantas Point per $ spent on Qantas products and services, such as flights and Qantas Club membership.

The NAB Qantas Premium account offers 1 Qantas points per $ on spend on the Amex, and 0.5 points per $ on spend on the Visa. It maybe worth considering if you plan to put significant spend on the Amex, just keep in mind that the points-earning cap is $5,000 per statement period on this account – with no points earned on either the Visa or American Express over that level of spend.

NAB are 0% p.a. on balance transfers for 6 months and no BT fee with the $95 per year NAB Qantas Frequent Flyer American Express and Visa account, which offers 0.75 Qantas Point per $ spent on the American Express.

0% p.a. on balance transfers for 6 months with no BT fee

0.75 Qantas Point earned per $ spent on the Amex, 0.5 points per $ on the Visa

Complementary Purchase Protection Insurance

$95 p.a. annual fee

Offer expires: 1st October 2017

Balance Transfer must be applied for during card application

Offer unavailable if closing/transferring from another NAB credit card account

The NAB Qantas Classic account annual fee is $95. You’ll also get some purchase protection insurance with this card, a 0.75 point per $ earn rate on spend on the American Express, and 0.5 points per $ on the Visa. Read the Purchase Protection PDS here.

This guide references some of the benefits of insurance policies provided with this credit card.

You should read the PDS and obtain independent professional advice before obtaining this product.

There aren’t any other benefits, but for a sub $100 annual fee combined account, that’s to be expected.

NAB’s Qantas card range now offers a number of options which are useful to those collecting Qantas Points, however with so much competition in the market for Qantas credit cards, it is well worth comparing and considering with the alternatives out there to ensure you’re getting a bundle of bonuys points, earn rates, card features/benefits and annual fees that work for your circumstances.

Looking within the NAB Qantas card range alone, the key consideration is how much spend you are likely to be putting on an American Express versus a Visa. If your spend habits are skewed toward Visa / MasterCard, i.e. the amount of the spend you can put on an American Express is limited, then it could be worth focusing on the NAB Qantas Signature Visa over NAB Qantas Premium.

However, if you think you’ll be able to put much of your spend on the American Express, then the NAB Qantas Premium Amex/Visa companion account could work well with a lower annual fee. For either option you need to also consider the points caps that kick in at $5,000 per statement period.

NAB launches new Qantas Signature card, now offering up to 75,000 Qantas Points across the NAB Qantas card range was last modified: July 11th, 2017 by Keith

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Keith started Point Hacks in 2011 to help people earn more points and use them better by sharing frequent flyer tips, deals and reviews.
You’ll find Keith writing and managing Point Hacks full time in Sydney’s Northern Beaches - unless he's travelling.

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NAB are now offering a trio of Qantas Frequent Flyer linked credit cards, with a new NAB Qantas Rewards Signature Visa added to their line-up. The new Qantas Rewards Signature Visa is offering 75,000 bonus […]